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Swampscott 01907
108 Stetson Avenue
$585,500
● House - Off Market

108 Stetson Avenue

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
1,400 Ft²
$698,774
RealtyHop Estimate
16.48%
Since Jun 1, 2021
MA-Boston
Primary Model

About This Property

Supreme location for this 3 bedroom 3 bath Colonial, which is steps to the commuter rail, Swampscott High School and up the road from Vinnin Square. Features of the home include a covered farmers porch, Hardie board extended lifetime siding, lifetime Interlok metal roof, brand new gas conversion heating system, french drain, and 2 car garage.  The owners have enjoyed this home for over 24 years.  The wood burning fireplaced living room allows generous sunlight from the Anderson windows. Kitchen shows the fun side of it's owners personality. Dining room leads to the back deck and fenced in yard through the full glassed hinged doors. Second floor has three bedrooms and full bath with large soaking tub and separate shower. Basement includes a 3/4 bath and finished area for potential play room.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$429
Property Type
House
Property Taxes
$565
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 years ago (MLSPIN #72752149)

Price History

Date / Event Date Event Price
May 3, 2021 Sold
Premium
Sold
Nov 3, 2020 Listed by RE/MAX Andrew Realty Services $599,900
Listed by RE/MAX Andrew Realty Services
Feb 12, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 714
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Total Building Area: 1,386
  • Gross Building Area: 3,198
  • Building Area: 1,386
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,386
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Swampscott School District
  • School Tax School District: SWAMPSCOTT SD
  • Census Tract: 202104

Zoning

  • Zoning: A3

Geography

  • Parcel: SWAM M:0014 B:0011 L:0
  • Block: 11
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4784
  • Longitude: -70.9166

    Address

  • Full Address: 108 Stetson Ave
  • Address - House Number: 108
  • Address - Street Name: Stetson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C009
  • 4-Digit Zip Code: 1125
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $680,700

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 696,237
  • High Value: 804,501
  • Low Value: 587,973

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $579,800
  • Assessed Land Value: $243,500
  • Assessed Improvements Value: $336,300

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210503002170
  • Previous Sale Recording Date: Feb 12, 1997
  • Previous Sale Amount: $174,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Swampscott

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$433

Below Asking

0.03%

Average Days on Market

59

Average Home Size

3062 ft²

Average Home Age

84.2 years

Currently For Sale

45 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72752149

Frequently Asked Questions

When was property at 108 Stetson Avenue built and last sold?
The property at 108 Stetson Avenue was built in 1925 and last sold on May 3, 2021 for $585,500.
How much is this home worth?
The estimated value of the home located at 108 Stetson Avenue is $607,927.
What are some comparable homes to 108 Stetson Avenue?
There are currently no comparable homes to 108 Stetson Avenue.
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